Bank of Israel governor

Third consecutive cut: Bank of Israel lowers interest rates to 3.25%, following economic review

The Bank of Israel's Monetary Committee lowered the interest rate on Tuesday. The rate was previously lowered in July, when the BoI decided to cut the rate from 3.75% to 3.5%.

Bank of Israel Governor Professor Amir Yaron speaks at the Knesset; illustrative.
Prof. Amir Yaron, Governor of the Bank of Israel

Interest rate drama: The news for mortgage takers – and Smotrich's unusual attack on the governor

 Outgoing Bank of Israel Governor Stanley Fischer seen speaking at a press conference at the Bank of Israel in Jerusalem on June 25, 2013.

Stanley Fischer, former Bank of Israel governor, passes away at 81

Governor Amir Yaron at the Jerusalem Post Conference in New York, May 2025.

Economy bounces back from October 7 shock, governor urges fiscal discipline, workforce reform


Hong Kong says Frenkel arrested in duty free incident

Account contradicts parts of his version of events that undermined his Bank of Israel governor candidacy.

Jacob Frenkel370

Knesset to meet during recess on lack of BoI head

After Labor MK Michaeli submits signatures to call meeting, Knesset plans to convene over lack of governor.

Outgoing BoI Governor Stanley Fischer 370

PM reportedly planning to evaluate multiple nominees for BoI governor

Media reports say candidates to be vetted in advance by the Turkel Committee; PMO refuses to comment on reports.

Eugene Kandel 370

Editorial: Appointment pains

The appointment process for the Bank of Israel’s governor is just another issue that the public feels it has the right to influence.

Bank of Israel 370

Lapid rejects calls for new BOI nomination method following Frenkel, Leiderman ‘farce’

Labor MK Braverman calls for formation of vetting committee, says individuals chosen for top positions must be honest.

Yair Lapid at Cabinet Meeting, looking official 370

Lapid rejects criticism in wake of Leiderman-Frenkel fiasco

Labor MK Braverman calls for formation of vetting committee, says individuals chosen for top positions must be honest.

Yair Lapid at Cabinet Meeting, looking official 370

BoI panel members mull quitting

The three external members are unhappy about the appointment of Leo Leiderman as Governor.

Bank of Israel 370

Yacimovich: Is sexism to blame for BoI oversight on Flug?

Opposition leader raises specter of sexism in Netanyahu, Lapid’s decision to pass over Karnit Flug to lead the Bank of Israel.

Shelly Yacimovich at Labor Central Committee 370

Hapoalim Chief Economist Leo Leiderman nominated as BOI governor

Karnut Flug will step down after 25 years with BOI; Netanyahu and Lapid push Leiderman nomination forward.

Leo Leiderman 370

Flug steps in as Bank of Israel Governor pending Frenkel approval

With Stanley Fisher's term as Bank of Israel Governor completed, his deputy Karnit Flug steps into role of acting governor.

Outgoing BoI Governor Stanley Fischer 370